The Committee, in an earlier report on the Direct Taxes Code (DTC) Bill, had favoured abolition of STT.
Both houses of Parliament were prorogued on Friday, almost a month after being adjourned sine die, ending the possibility of an extension of the Monsoon session in the face of continued stand-off between government and opposition.
The parliamentary standing committee on finance has proposed a Securities and Exchange Board of India (Sebi) and Reserve Bank of India (RBI) co-ordination mechanism to monitor foreign investments in the stock market.
Indian-origin ex-Member of Parliament Sebastian Edathy will stand trial in a German court on charges of acquiring and possessing child pornography. The regional court in Verden in the state of Lower Saxony said on Tuesday that after examining the indictment against him filed by prosecutors four months ago, it came to the conclusion that there are enough evidences to open proceedings on child pornography charges.
The Parliamentary Standing Committee on Science and Technology, which has held marathon deliberations on the controversial Civil Liability for Nuclear Damage Bill 2010, is expected to present its report to Parliament on August 9.
The Standing Committee on Petroleum and Natural Gas in its report tabled in Parliament today asked the ministry to strictly monitor implementation of directions issued to RIL for reversing the trend of falling gas output from the Bay of Bengal field.
India must be prepared to deal with climate disasters, geopolitical confrontations, and social strife linked to global events, asserts Jayant Sinha, chairman of Parliament's Standing Committee on Finance.
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The GST Bill, introduced in Parliament in 2010, is being vetted by the Standing Committee on Finance. Now, the states and the Centre would together finalise the draft and bring it back to Parliament.
With 2014 polls in mind, FM may provide individual tax payers relief despite fiscal constraints.
The RBI governor, who made a presentation about the state of the economy as well about the world economy to the 31-member Parliamentary Standing Committee on Finance, stayed clear of controversial questions like government invoking special powers.
The Congress on Wednesday claimed that there was nothing wrong in former Union minister A Raja and Suresh Kalmadi being made members of Parliamentary Standing Committees. While Raja is the main accused in the 2G spectrum scam, Kalmadi is a prime accused in the Commonwealth Games scam.
Over 3,500 police personnel have deployed as the farmers began their march from the Ramlila Maidan to Parliament at 10.30 am.
Members of Parliament on Wednesday quizzed Defence Secretary Shashi Kant Sharma and Army Vice Chief S K Singh on a media report of suspicious movement of troops near national capital New Delhi in January, but they dismissed it as baseless.
The review plea by one of the petitioners Udit Sood has been filed with the apex court registry.
Nationalist Congress Party (NCP) president Sharad Pawar on Tuesday said although his outfit does not agree with the demand of anti-Bharatiya Janata Party outfits for a joint parliamentary committee (JPC) probe into allegations against the Adani group, it will not go against their stand for the sake of Opposition unity.
The panel of Parliament examining the Direct Taxes Code (DTC) Bill has almost finalised its recommendations. It wants more taxpayer-friendly measures.
The Companies Bill 2009, which seeks to replace a half-a-century-old Act, will be presented in Parliament in the ongoing Budget session, Finance Minister Pranab Mukherjee said on Monday.
Stakeholders have shown a distinct lack of seriousness in bringing a law against corruption in Indian sports, a reason why someone like tainted former pacer S Sreesanth got away despite strong evidence of spot-fixing against him in the 2013 IPL, former Delhi Police Commissioner Neeraj Kumar has said.
the government will introduce some of its key provisions, such as General Anti-Avoidance Rules, in Budget 2012-13.
The country's 5,000 MPs, MLAs and MLCs should resolve in this historic year to return to the people the favour they have been doing by relentlessly nurturing democracy over the last 70 years, he said.
There are concerns within the Congress with respect to the articulation of the party's demand for the caste census, with Prime Minister Narendra Modi recently accusing the grand old party of attempting to divide Hindus through its push for the Other Backward Classes.
Concerned over the exploitation of credit card holders, a parliamentary committee has suggested that the Reserve Bank of India should prescribe maximum interest rate that can be charged by banks from customers.
As chairman of the parliamentary standing committee on finance, former finance minister, Yashwant Sinha, says he is committed to expediting the legislative work associated with important Bills, including the direct taxes code (DTC) and Goods and Servies Tax.
Chairman of the Standing Committee on Lokpal Abhishek Singhvi on Thursday refused to set a deadline for finalising its crucial report but insisted that the panel was working on the issue with unparallel swiftness.
Two people at the scene were treated for injuries after the vehicle crashed into the large steel barriers erected around the Houses of Parliament complex.
The People's Democratic Party and the National Conference -- the two Indian National Developmental Inclusive Alliance (INDIA) partners in Jammu and Kashmir -- will be taking on each other on the three Lok Sabha seats in the valley.
After an all-party meeting in New Delhi, Parliamentary Affairs Minister Pralhad Joshi also said that some of these 32 bills have already been discussed by standing committees of Parliament.
However, the AICC general secretary Jairam Ramesh said the SC committee has limited terms of reference and 'cannot bring out the deep nexus between' the prime minister and the billionaire businessman.
A five-judge constitution bench headed by Chief Justice DY Chandrachud had on May 11 reserved its verdict on the pleas after a marathon hearing of 10 days.
Suggests far more generous provisions than proposed in Direct Taxes Code
Suggests far more generous provisions than proposed in Direct Taxes Code
After civil society activists slammed the government's Lokpal Bill, the Centre on Friday said that people who are not satisfied with the Bill can approach the Standing Committee of Parliament and persuade it to make changes. Human Resource Development Minister Kapil Sibal, who was part of the joint committee to draft the bill, said the government has already reconciled taking into account a number of provisions suggested by the civil society.
In its 29th report, which was tabled in Parliament earlier this week, Parliament's Standing Committee on Defence writes that it is 'startled' to be told that the tank had performed poorly in winter trials, and that it was miles away from meeting the army's requirements.
Ramesh says the best route now is to refer the amendments to Parliament's standing committee on rural development.
Stressing on the 'Make in India' initiative, a Ministry of Defence appointed committee has recommended enhanced private sector involvement by granting manufacturers tax and import concessions.
The government draft on the Lokpal Bill, which is expected to be considered by the Cabinet this week, does not include the prime minister in the purview of the ombudsman but the final call on the ticklish issue will be taken by Parliament and its Standing Committee. Disclosing this, Home Minister P Chidambaram said the Bill will be introduced in Parliament in the monsoon session starting on August 1.
The Centre has not taken any decision on the roll-out of the National Register of Citizens (NRC) for the whole country, the Ministry of Home Affairs has told a parliamentary panel.
From deciding on the composition of various House committees to fixing the seating arrangement of MPs, Speaker Om Birla has a full plate.
At a time 20-odd opposition parties, many of them regional rivals, joined forces over the Adani issue, Nationalist Congress Party supremo Sharad Pawar's open support for industrialist Gautam Adani has put a question mark on the durability of a non-Bharatiya Janata Party block in the run-up to the 2024 parliamentary elections.
A parliamentary standing committee has recommended that death penalty should be slapped on hijackers only if they kill any hostage or security men and not on anybody declared a hijacker.
